MCB is a public bank established in 1991, under Special Company Act. MCB started its business on 2-6-1992 at No. 383, Mahabandoola Road, Kyauktada Township, Yangon. Authorized Capital of MCB is 75 Billion Kyats and its Paid-up Capital is 52 Billion Kyats.

MCB offers the following domestic banking services-
(1) Saving Deposit
(2) Current Deposit
(3) Time Deposit
(4) Call Deposit
(5) E-payment service for Import Licence fees payment
(6) Internal Remittance and
(7) Payment Order

Loan Services of MCB are-
(1) Commercial Loan
(2) Pledge Loan
(3) Trade Guarantee
(4) Bank Guarantee / Performance Guarantee

International Banking Services are-
(1) Export & Import Services (L/C, TT)
(2) International Remittance and International Money Transfer Services(Money Gram, IME, Transfast, Merchantrade)
(3) Guarantee Issuing Service
(4) International Card Business (Visa / MasterCard Acquiring, MasterCard Issuing)
(5) Money Changer Service
(6) Foreign Exchange Market
(7) Payment Order

Hire Purchase Services are-
(1) HP for agricultural equipment
(2) HP for motor cars
(3) HP for various rice mill equipment
(4) HP for various construction machinery and equipment

MCB also offers the following services:
(1) 663 Mobile payment services
(2) MPU Card Issuing & JCB, CUP Acquiring Service
(3) Meter Bill Service